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BRAIDWOOD, IL 60408

Real Estate Market Report
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The BRAIDWOOD, IL real estate market (60408) currently shows 15 active listings, with 5 pending sales. Homes are averaging 41 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 41 days on market compared to 46 days last year.

The median listing price has fallen 18.7% year-over-year, from $359,900 to $292,450.

Whether you are buying or selling in BRAIDWOOD, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 5,307  ·  Density: 320.9/mi²  ·  Median household income: $85,625

Typical home value: $204,204  ·  Homeownership: 79.0%

Market Overview

Active Listings
15
⇩ 16.7% vs 18 last year
Pending
5
33% pending ratio
Median Price
$292,450
⇩ 18.7% vs $359,900 last year
Average Price
$268,289
⇩ 19.8% vs $334,652 last year
Days on Market
41
⇩ 10.9% vs 46 days last year

Price Per Square Foot

Median $/sqft
$189
⇧ 7.4% vs $176/sqft last year
Median Home Size
1,464 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 15 this year vs 18 last year
  • Days on market: 41 now vs 46 last year

Median & Average Pricing

Year over Year
  • Median: $292,450 (-18.7% YoY)
  • Average: $268,289 (-19.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 19.7 miles — 371 listings ($114,456,906 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60408Braidwood, IL 604080.0 mi15$4,380,150$319,462$292,010
60416Coal City, IL 604163.8 mi21$7,460,691$359,000$355,271
60935Essex, IL 609357.1 mi3$1,248,900$339,000$416,300
60444Mazon, IL 604449.8 mi2$532,500$233,750$266,250
60913Bonfield, IL 6091311.5 mi1$289,900$289,900$289,900
60450Morris, IL 6045013.3 mi42$16,831,710$331,000$400,755
60442Manhattan, IL 6044215.9 mi32$14,065,728$437,250$439,554
60436Joliet, IL 6043616.1 mi43$10,302,198$229,200$239,586
60420Dwight, IL 6042016.3 mi8$1,858,880$217,500$232,360
60941Herscher, IL 6094117.2 mi5$997,250$202,450$199,450
60433Joliet, IL 6043318.4 mi30$7,932,990$247,750$264,433
60914Bourbonnais, IL 6091419.3 mi64$25,607,104$345,000$400,111
60901Kankakee, IL 6090119.7 mi105$22,948,905$174,950$218,561

Frequently Asked Questions

How many homes are for sale in BRAIDWOOD, IL 60408?

As of February 2026, there are 15 active listings in BRAIDWOOD, IL (zip code 60408), compared to 18 the prior year.

What is the median home price in BRAIDWOOD, IL 60408?

The median listing price in BRAIDWOOD, IL 60408 is $292,450 as of February 2026, a 18.7% decrease from $359,900 the prior year.

How long do homes stay on the market in BRAIDWOOD, IL?

Homes in BRAIDWOOD, IL 60408 spend an average of 41 days on the market before going under contract, compared to 46 days the prior year.

Is it a seller's or buyer's market in BRAIDWOOD, IL 60408?

Based on current inventory and days-on-market data as of February 2026, BRAIDWOOD, IL 60408 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 41 days on market compared to 46 days last year.

How much can I save on real estate commission in BRAIDWOOD, IL?

With SELL123.com's maximum 3% commission, sellers in BRAIDWOOD, IL 60408 save an estimated $5,849 compared to a typical 5% commission on the median listing price of $292,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.